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The Federal Trade Commission’s Red Flag Rule Requires Utilities and Telecommunications Companies to Establish Identity Theft Prevention Programs by May 1, 2009

The Red Flag Rule issued by the Federal Trade Commission (“FTC”) under the Fair and Accurate Credit Transaction (FACT) Act of 2003 requires that all creditors, including utilities and telecommunications companies, develop and implement a written identity theft prevention program. The final deadline for full compliance is May 1, 2009.

Karly Baraga
Associate Dorsey & Whitney LLP

Full Story: http://www.dorsey.co/telecommunications_red_flags/

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